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Mobile Home Park Details

  • Price: $975,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1031978
  • Posted on Feb 11, 2019

Property Description

Excellent opportunity to own an income producing mobile home park. Situated on 7.464 acres with 38 mobile homes sites and one single family house this property provides a unique opportunity to diversify one's portfolio. The property consists of 23 tenant owned homes and 9 FEMA owned homes all paying lot rent from $290-350/monthly. Owner's expenses are limited consisting of garbage pick up, property taxes and 5% property management fee. Each unit has separate meters for electric and municipal water/sewer.

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Park Information

Community Type: All Age
Number of MH Lots: 38
Total Occupancy: 100.0 %
Year Built: 1980
Average MH Lot Rent: $325
Size: 7.5 acre(s)

Lot Information

Singlewide Lots: 38

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 0

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